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I have mate, but there hasn't been an official declaration to refute this story. This could well be (probably is) sensationalist, unfounded gossip. This is why my view on the matter is only as valid to me as the article itself. I did state -prior to developing my view- that it woud be based on whether "this story holds any truth in it ."

Fair enough, but:
It is extremely clear that the daily news has it in for everything MSG related.
I want you to take a look at Frank Isola's twitter, beat writer for the NY daily news. Read like 10-15 tweets, won't take long.

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I get where he is coming from, but really? Sounds like an educated hater..a smarter orange blob.. The guy is just oozing negativity, especially with Lin.

Now I want you to look at Marc Bermans twitter.

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NY Post beat writer for the knicks, obviously doesn't hold any grudges against the organization.

Then factor in that Lin is a pretty humble guy, he had dinner with Grun and co. who probably talked over the whole situation anyway. Then of course he denies the whole thing on twitter.

Jeremy Lin Thread - ALL THINGS LIN - Please contain herein

Mark Haggard ‏@allzoner
Just got off the phone with NBA free agent Raymond Felton. He says a deal is about to be completed sending him back to the NY Knicks.
Retweeted by Alan Hahn

Alan Hahn ‏@alanhahn
“@allzoner: Felton also said the Knicks deal with Jeremy Lin is off” <— well this is interesting….

Alex Kennedy ‏@AlexKennedyNBA
The Knicks are considering signing UFA Raymond Felton and letting RFA Jeremy Lin walk to the Rockets, a source close to situation confirms.

THIS BETTER NOT BE TRUE. I DO NO WANT RAYMOND FELTON AT 230 POUNDS OR WHATEVER HE IS. I WANT J LIN, THIS DUDE IS LEGIT. I WILL BE PISSED OFF IF GRUNWALD AND MANAGEMENT ARE SCARED ABOUT THE 3RD YEAR SO MUCH THAT THEY LET HIM WALK.

this will be an epic fail....no way we beat anyone without J Lin, he can be our Rajon Rondo. No way Linsanity is for 25 games and that is it...NO WAY! If this is true this will haunt me all year. It is like the curse of Dolan's stupidity never falters.